Endurance names Asquino

Bermuda reinsurer Endurance Worldwide Reinsurance has named Thomas Asquino as chief underwriting officer for property and casualty.

Asquino has held various reinsurance management positions with responsibility for property and casualty underwriting operations over the past 30 years, most recently serving as chief property officer. He is based in Endurance Reinsurance Corporation of America's New York office.

William Jewett, president of parent firm Endurance Specialty Holdings, said: "Tom brings a wealth of experience and knowledge to this role. Working with our property and casualty teams, Tom will ensure that we remain committed to our core values of disciplined and transparent underwriting as we continue to build and expand our relationships with cedants around the globe.

Crtitical to success

“Our underwriting capabilities in the reinsurance specialty markets have been a critical component of our success and will continue to be a focus for Endurance as we further expand our portfolio."

Asquino began his reinsurance career in the international arena, managing a mix of multi-line pro rata, per risk excess and catastrophe business for AFIA Reinsurance.

He then held a number of senior underwriting and management positions responsible for casualty and property reinsurance underwriting at Continental Reinsurance Corporation, Sorema North America Reinsurance Company, and Folksamerica Reinsurance Company.

Asquino joined Endurance in May of 2003 in the treaty property department of Endurance Reinsurance Corporation of America and was appointed chief property officer for Endurance Worldwide Reinsurance in February 2007.